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Dec 31, 2012
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and our own senior economics report steve leisman join us with their predictions here. david, start with you. what are you looking at? especially bear in mind we're going to be still feeling the effects of the fiscal cliff and technically we're going over it tonight. does this affect your thoughts of investing in 2013? >> absolutely it does, bill. and it has the last two months. we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it? >> of course, mandy. and that's part of the asset selection you have to do. for us one of the best areas we've seen has been in emerging market debt. it started out many years ago with the bricks and recently we've mo
and our own senior economics report steve leisman join us with their predictions here. david, start with you. what are you looking at? especially bear in mind we're going to be still feeling the effects of the fiscal cliff and technically we're going over it tonight. does this affect your thoughts of investing in 2013? >> absolutely it does, bill. and it has the last two months. we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing...
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Dec 31, 2012
12/12
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steve moore, senior economics writer with the "wall street journal." steve, thank you very much. shibani: so far the markets are having a tough time deciding what will happen over the next few hours. ashley: traders worried? we will ask a chief market strategist. we will have his opinion coming up next. ♪ [ male announcer ] how can power consumption in china, impa wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. shibani: breaking news, live pictures from the white house as we wait for president obama to speak in about 15 minutes from now as lawmakers struggle to hammer out a deal on the fiscal cliff. peter barnes believes the president will announce a deal. we will bring you his co
steve moore, senior economics writer with the "wall street journal." steve, thank you very much. shibani: so far the markets are having a tough time deciding what will happen over the next few hours. ashley: traders worried? we will ask a chief market strategist. we will have his opinion coming up next. ♪ [ male announcer ] how can power consumption in china, impa wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe...
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Dec 31, 2012
12/12
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KRON
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as we take a look at the very important new year's steve forecast. at 8:00 p.m. you should dress in layers because it will be really close. it will not rain. as we pushed into midnight on we offical welcome in 2013 it will be light winds and the forecast. check out your inland temperatures. they will dip into the mid 30's by midnight. >> i do now have any chain controls an affect for tahoe. there is freezing fog for the next couple of mornings. your high will climb ride around the freezing mark and temperatures for your overnight low will be below zero. your kron 47 day around the bay shows that it will be pretty quiet. it will be rain for thursday. no ransom the forecast as we transition into the weekend. this is your last morning report for 2012. >> it has been a pretty good ride around the bay and it will continue to be this way. we're not tracking any delays are caused by spirit there have been no more reports of icy conditions. the bay bridge is light and easy. there are zero delays on the approach or across the span. the san mateo bridge ride is the same pe
as we take a look at the very important new year's steve forecast. at 8:00 p.m. you should dress in layers because it will be really close. it will not rain. as we pushed into midnight on we offical welcome in 2013 it will be light winds and the forecast. check out your inland temperatures. they will dip into the mid 30's by midnight. >> i do now have any chain controls an affect for tahoe. there is freezing fog for the next couple of mornings. your high will climb ride around the...
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Dec 31, 2012
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. >> number ten, apple, the first year without steve jobs and the company is trying to prove under a new ceo that it can still invent things we didn't even know we would wee needed that we would buy faster than anything's been sold in personal technology before. >>> number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock, which has yet to climb its way back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced she was just going to take a two-week maternity leave as she tried to turn this company around. 37 years old, it looks like a mother's touch is what yahoo! needed. >>
. >> number ten, apple, the first year without steve jobs and the company is trying to prove under a new ceo that it can still invent things we didn't even know we would wee needed that we would buy faster than anything's been sold in personal technology before. >>> number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on...
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Dec 31, 2012
12/12
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. >> number ten, apple, the first year without steve jobs and the company is trying to prove under a new ceo that it can still invent things we didn't know we needed that we would buy faster than anything's been sold in personal technology before. number nine, the u.s. stock market, despite all those worries about the fiscal cliff and slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market, the rest of us are worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. the stock has yet to climb its way back to the ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced she was just going to take a two week maternity leave as she tried to turn this company around. 37 years old, it looks like a mother's touch is what yahoo needed. >> mother nature. an intense drought in the midwest that scorched the corn and sky crop sending prices sky high. who can forget super storm sandy? neighb
. >> number ten, apple, the first year without steve jobs and the company is trying to prove under a new ceo that it can still invent things we didn't know we needed that we would buy faster than anything's been sold in personal technology before. number nine, the u.s. stock market, despite all those worries about the fiscal cliff and slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market, the rest of us are...
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Dec 30, 2012
12/12
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CSPAN
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it is ironic that i'm getting the steve schneider war. we could not have been more opposite. -- award. we cannot have been more opposite. he had the gift of gab. he is so particulate as it didn't -- as a student. and, as i say, we couldn't have been more opposite. he -- as i was this tactiturn midwest scientist who wanted to do the numbers and do my science and not talk about it, but he would come to my door, he would be in the door of my office and talking to me and, eventually, i would turn around and be working on my desk and he -- somehow, he couldn't take the hint. [laughter] but when anniek who was then my girlfriend, would visit me, then she would see that, well, i really didn't want to talk to steve. so she would talk to him, and that was good, let me try to work. but if you try to work, you know, like when the television is on, and you're trying to do work, it's very hard. but, anyway, we actually -- despite this, we became friends and anniek and i went mountain climbing with him in the small mountains around new york. but -- >>
it is ironic that i'm getting the steve schneider war. we could not have been more opposite. -- award. we cannot have been more opposite. he had the gift of gab. he is so particulate as it didn't -- as a student. and, as i say, we couldn't have been more opposite. he -- as i was this tactiturn midwest scientist who wanted to do the numbers and do my science and not talk about it, but he would come to my door, he would be in the door of my office and talking to me and, eventually, i would turn...
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Dec 30, 2012
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>> one thing that steve schneider always emphasized to students is that if is worth thinking about the matter for which apply to climate change. coral harbour is one which is an urgent one. but certainly apartheid or civil-rights movement were things that are every bit as urgent where the time skills are much longer and the accuracy takes on how you talk to people. >> i think we can learn a lot from the past. look at the issue of slavery. we were the bad guys than also .ppeare it was the foundation of the economy. people were making the same argument at them. it was not so bad. it would destroy the economy if we got rid of it. i think people have a lot to learn. there are many examples we can build on from the past year -- in the past. admitting that we have a problem is the first step. >> slavery -- abolishing slavery did not room economy. >> right. >> nobody objects to a medical researcher over what we need to do to save lives. that when a clear researcher says what we have to do to save lives, people get upset. >> one of the things that i tried to stress in my book is a theme that i
>> one thing that steve schneider always emphasized to students is that if is worth thinking about the matter for which apply to climate change. coral harbour is one which is an urgent one. but certainly apartheid or civil-rights movement were things that are every bit as urgent where the time skills are much longer and the accuracy takes on how you talk to people. >> i think we can learn a lot from the past. look at the issue of slavery. we were the bad guys than also .ppeare it...
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Dec 29, 2012
12/12
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. >> reporter: number ten, apple, the first year without steve jobs, and a company that is trying to prove under a new ceo that it can still invent things we didn't even know we needed that we would buy, faster than anything has been sold, in personal technology before. number nine, the u.s. stock market, despite all of those worries about the fiscal cliff and maybe slower growth in trust economy, the stock market has had a great year. too bad you missed out. the smart money has been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users, pummeled the stock, which is on its way back to the ipo price. >>> number seven, mother myer. the new ceo of yahoo! who announced she was just going to take a two-week maternity leave. >> number six, mother nature, an intense drought in the midwest that scorched the corn and soy crop sending pri
. >> reporter: number ten, apple, the first year without steve jobs, and a company that is trying to prove under a new ceo that it can still invent things we didn't even know we needed that we would buy, faster than anything has been sold, in personal technology before. number nine, the u.s. stock market, despite all of those worries about the fiscal cliff and maybe slower growth in trust economy, the stock market has had a great year. too bad you missed out. the smart money has been in...
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Dec 29, 2012
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. >> steve -- >> so he is in a powerful position because it's better for him and everyone if the senate has a unanimous consent as to what should happen. kick it over to the house. >> reed and mcconnell was interviewed side-by-side, it was a rare interview last month. i want to play you about what he said in that interview. and we will get your reaction on the other side. take a listen. >> what was the feeling in that room for you? >> it was very chilly, they did not look at each other once during the course of the interview. >> i thought it would be interesting to see if there was any common ground and we found none. >> we with found none. that doesn't sound like the two men get along very well. >> i don't know that mitch mcconnell has a lot of democratic friend that's pals around with, to be honest with you. so that is not terribly surprising to me. he is is not known as being that type of member of congress. but there are views on levels like harry and mcconnell has been able to come together before. it's not a mcconnell, reed, it's about the house republicans that have to vote and t
. >> steve -- >> so he is in a powerful position because it's better for him and everyone if the senate has a unanimous consent as to what should happen. kick it over to the house. >> reed and mcconnell was interviewed side-by-side, it was a rare interview last month. i want to play you about what he said in that interview. and we will get your reaction on the other side. take a listen. >> what was the feeling in that room for you? >> it was very chilly, they did...
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Dec 29, 2012
12/12
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splash and dash, as steve likes to call it off to the east, east of san jose. milpitas seeing higher elevation rain and snow. for most of us, mainly dry, mostly cloudy, a little breezy in some cases, making temperatures feel all the more cooler. 46 degrees right now in san francisco. 47 in oakland. 48 in napa, which is warmer than yesterday. but with this added breeze here, anywhere from 5 to 10 to 15 miles per hour. 13 reported in fairfield, 10 at sfo, 15 to 20 at half moon bay. you can expect temperatures to actually feel anywhere from 5 to 10 degrees cooler than what i just showed you. feels more like 30s and low 40s out there, even though the readings are telling us mid to upper 40s. here is your forecast. we'll be with mostly cloudy skies for the morning hours. for the afternoon, we are partly cloudy to mostly sunny. now we're into sunday. sunday's going to be mostly clear and cool as well. now we are into new year's eve. by monday, 6:00 notice we've got gray skies, another weak storm that's riding right along the coastline. that will bring us a slight cha
splash and dash, as steve likes to call it off to the east, east of san jose. milpitas seeing higher elevation rain and snow. for most of us, mainly dry, mostly cloudy, a little breezy in some cases, making temperatures feel all the more cooler. 46 degrees right now in san francisco. 47 in oakland. 48 in napa, which is warmer than yesterday. but with this added breeze here, anywhere from 5 to 10 to 15 miles per hour. 13 reported in fairfield, 10 at sfo, 15 to 20 at half moon bay. you can expect...
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Dec 29, 2012
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people were so outraged that one congressman, steve king from iowa, actually went on the floor of the house and denounced this move. well, as a result of all the coverage, the order was rescinded, but again, it's just-- >> who gave the order? >> this came from his superiors in the army. so, the challenge here is there have been so many attacks on religion, especially the christian religion in the military, just a couple of weeks ago we did a story about a base in afghanistan where they were ordered to take down a nativity scene because it might offend people. >> dave: and the attacks even having on the football field and the attacks-- >> you have to wonder what's going on here. a group of high school cheerleaders in texas of all places, well within the bible belt, put up a banner that had a christian slogan, a christian bible verse. an organization out of which is wisconsin they got wind of it and they threatened to sue unless they took down the bible verses, you state of text it is got involved. and you don't want to mess with god or guns in texas, but they keep the bible verses, to
people were so outraged that one congressman, steve king from iowa, actually went on the floor of the house and denounced this move. well, as a result of all the coverage, the order was rescinded, but again, it's just-- >> who gave the order? >> this came from his superiors in the army. so, the challenge here is there have been so many attacks on religion, especially the christian religion in the military, just a couple of weeks ago we did a story about a base in afghanistan where...
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Dec 28, 2012
12/12
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steve handelsman joins us. so far no deal? >> i'm checking. so far the meeting continues, which could be a bad sign, can it? sources here on the hill say in today's meeting president obama planned to be kind of tough, figuring that he has gotten the advantage back to the extent anybody has the advantage this close to the cliff and that he'll push hi original demand, the tack rates rise on income over a quarter million dollars. it's a positive sign, the first meeting since mid-november of the four congressional leaders, democrats and republicans at the white house. called by president obama, house speaker jane boehner, the key figure. >> the fact that he's come back and the four of them are at the table means to me we could come up with some kind of agreement. >> reporter: both sides want a deal to avoid tax hikes that could cost middle-class families $2400. if that rate lasts all of next year. the hangup is still tax hikes on the rich. rich of the rich to tax more, those making over $250,000, the obama proposal, or $400,000, a level senate rep
steve handelsman joins us. so far no deal? >> i'm checking. so far the meeting continues, which could be a bad sign, can it? sources here on the hill say in today's meeting president obama planned to be kind of tough, figuring that he has gotten the advantage back to the extent anybody has the advantage this close to the cliff and that he'll push hi original demand, the tack rates rise on income over a quarter million dollars. it's a positive sign, the first meeting since mid-november of...
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Dec 28, 2012
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. >> rose: steve wynn who you admire greatly is opening up wynn resorts. at the opening about three or four weeks ago he has great chefs, probably would have loved to have had you. he has one rule, though: the chef has to be there. >> uh-huh. yes. >> rose: elaine decass has a number of restaurants. he's on your list of top ten? >> without a doubt. somebody asked me on the plane yesterday "if you're such a hands-on chef, who does the cooking when you're not there?" the same people that do it when i am there. >> rose: (laughs) >> how do they get where they want to go if they're not given the reigns from time to time. so i am comfortable with what we're doing and i can guarantee the level of perfection. but i said to this person who asked me that question, can i ask you a very important question and he said yeah, what's that? i said you've got the most amazing suit on. >> he said it's armani. >> i said how much? he said a thousand dollars. i said when you bought it did you ask if gorgio stitched it? >> rose: (laughs) >> and that's the same level of peck answe
. >> rose: steve wynn who you admire greatly is opening up wynn resorts. at the opening about three or four weeks ago he has great chefs, probably would have loved to have had you. he has one rule, though: the chef has to be there. >> uh-huh. yes. >> rose: elaine decass has a number of restaurants. he's on your list of top ten? >> without a doubt. somebody asked me on the plane yesterday "if you're such a hands-on chef, who does the cooking when you're not...
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Dec 28, 2012
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caller: good morning, steve. i listened to it the myopic dogma in this segment over and over. the only people i can blame on this are the american people. the people who sit here and listen to these guys that are extremists and and they vote him into office -- them into office. i hear people say let's get rid of epa. if you look at how much epa takes out of our budget, that's like worrying about nothing gary people need to turn off the tv and start studying more. crack some books. look at economic spirit trickle-down economics does not work. name a country where it has worked? maybe estonia. but it's not working in greece. i heard a great saying that says when time gets tough, everyone is a keynesian. turn off the tv. not c-span of course. but turn off the news channels that are just cramming this stuff, and get involved in this before you formulate an opinion. i think we would be voted into office smarter, better people that are not tea party extremists. how about if on the democratic side grover norquist had said never cut any spending? i'm going to sign a bill that says nev
caller: good morning, steve. i listened to it the myopic dogma in this segment over and over. the only people i can blame on this are the american people. the people who sit here and listen to these guys that are extremists and and they vote him into office -- them into office. i hear people say let's get rid of epa. if you look at how much epa takes out of our budget, that's like worrying about nothing gary people need to turn off the tv and start studying more. crack some books. look at...
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Dec 28, 2012
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patti ann: steve moore, "wall street journal." thank you. gregg: this lawmakers do not reach a deal with regard to the fiscal cliff cuts will go into the defense department. >> reporter: the whole package of spending cuts is $1.2 trillion, half to the defense department. the army, navy, air force marines would take equal cuts according to one analyst who says the impact on the military overall will be, quote, very serious. >> the pentagon and the departments are already in financial trouble, because there has already been a $480 billion cut that is being applied right now as we speak. to take another cut on top of that is devastating. >> reporter: it's not just the military itself that will take a hit, also the defense industry, defense contractors, private companies that do work for the pentagon. one democratic congressman in northern virginia whose district maybe hit the hardest by all of this says it could mean layoffs. >> the large defense contractors will probably be okay, they have significant cash reserves, most of them. the smaller c
patti ann: steve moore, "wall street journal." thank you. gregg: this lawmakers do not reach a deal with regard to the fiscal cliff cuts will go into the defense department. >> reporter: the whole package of spending cuts is $1.2 trillion, half to the defense department. the army, navy, air force marines would take equal cuts according to one analyst who says the impact on the military overall will be, quote, very serious. >> the pentagon and the departments are already in...
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Dec 28, 2012
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caller: good morning, steve. i listened to it the myopic dogma in this segment over and over. the only people i can blame on this are the american people. the people who sit here and listen to these guys that are extremists and and they vote him into office -- them into office. i hear people say let's get rid of epa. if you look at how much epa takes out of our budget, that's like worrying about nothing gary people need to turn off the tv and start studying more. crack some books. look at economic spirit trickle- down economics does not work. name a country where it has worked? maybe estonia. but it's not working incr greece. i heard a great saying that says when time gets tough, everyone is a keynesian. turn off the tv. not c-span of course. but turn off the news channels that are just cramming this stuff, and get involved in this before you formulate an opinion. i think we would be voted into office smarter, better people that are not tea party extremists. how about if on the democratic side grover norquist had said never cut any spending? i'm going to sign a bill that says
caller: good morning, steve. i listened to it the myopic dogma in this segment over and over. the only people i can blame on this are the american people. the people who sit here and listen to these guys that are extremists and and they vote him into office -- them into office. i hear people say let's get rid of epa. if you look at how much epa takes out of our budget, that's like worrying about nothing gary people need to turn off the tv and start studying more. crack some books. look at...
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Dec 28, 2012
12/12
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steve jobs had been cast out, he comes back in, reinvents the company. it's one of the greatest business success stories in the history of modern society if not longer. >> at one point, apple stock approached $700, right? now the stock is, what, near $600? >> yeah, likely because of capital gains. >> who can afford to buy the stock? >> studies have shown, mike, if you buy one share -- you have $500 to invest, you buy one share of a $500 company, you might not think you can make as much as buying ten shares of a $50 company, many studies show you can make just as much because it's $50 for a reason. >> buy one share. i'm not advising. >> where is the libor scandal story? a dozen banks. >> thanks a lot, by the way. >> apparently, my hatred of the uk helped. i didn't want to say libor. >> i know it's boring. >> because the antinm, bore. and i promised barnicle that i wasn't going to say fiscal cliff. i promised not to say it. i found other stories. and libor, i hear you. >> i love that story. terrible word. >> that's what we talk about, libor. in the real wo
steve jobs had been cast out, he comes back in, reinvents the company. it's one of the greatest business success stories in the history of modern society if not longer. >> at one point, apple stock approached $700, right? now the stock is, what, near $600? >> yeah, likely because of capital gains. >> who can afford to buy the stock? >> studies have shown, mike, if you buy one share -- you have $500 to invest, you buy one share of a $500 company, you might not think you...
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Dec 28, 2012
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[laughter] so it seems than that this is emblematic that this really is an american tapper steve and we really ought to share in some ways in obama's story. i wanted you to have the last word about what more in what we might tell her children about this history and connectedness in spite of all of this ugliness in many uncomfortable ways. >> i think we should talk about it. it's hard to talk about but the reverberations from any and i think i'm a communicator, i'm a writer so maybe a bit too much emphasis and hope the dialogue. talking about how some understanding the history helps. i hope that interest in michelle obama's family might bring a little interest in history too. >> well, we will applaud her in just a moment. [applause] you have another opportunity but now it's your turn. anyone who has a question or comment, please don't offer both. if you would like to say something, you can have your moment. the microphone is open. if you have a question, please keep it brief. anyone? this is the first at the schaumburg. surely someone has a question. >> i'm going to wait for someone t
[laughter] so it seems than that this is emblematic that this really is an american tapper steve and we really ought to share in some ways in obama's story. i wanted you to have the last word about what more in what we might tell her children about this history and connectedness in spite of all of this ugliness in many uncomfortable ways. >> i think we should talk about it. it's hard to talk about but the reverberations from any and i think i'm a communicator, i'm a writer so maybe a bit...
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Dec 27, 2012
12/12
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. >>> the yacht belonging to steve job is now free to sail. it was impounded, the owner has now reached a settlement. >> former south african president is resting this morning. he was release from the hospital yesterday but doctors still keeping a close eye on him. the 94-year-old spent three weeks in the hospital. he was being treated for air lung infection. >>> hawaii has two united states senators again. the governor picked brian chaps to fill out the term of the late senator. he is a democrat and had been the lieutenant governor. he was one of three candidates considered for the job. the senator died earlier this month. he had served since 1959. >> we are getting a look at one of the 34 twister that swept through the south. this is surveillance video from mobile alabama on tuesday showing the fury of one tornado. you can seat cars being thrown around outside this walgreens. inside the store people ran for cover while the winds knocked down shelves. hundreds of thousands of people in the south are still without power. freezing temperatures
. >>> the yacht belonging to steve job is now free to sail. it was impounded, the owner has now reached a settlement. >> former south african president is resting this morning. he was release from the hospital yesterday but doctors still keeping a close eye on him. the 94-year-old spent three weeks in the hospital. he was being treated for air lung infection. >>> hawaii has two united states senators again. the governor picked brian chaps to fill out the term of the late...
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Dec 27, 2012
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this from steve, i don't need a gun but i'm not for taking the guns. thank you for the conversation this morning. facebook.com and also on twitter. i'm carol costello. thank you for joining me. more after a quick break. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath
this from steve, i don't need a gun but i'm not for taking the guns. thank you for the conversation this morning. facebook.com and also on twitter. i'm carol costello. thank you for joining me. more after a quick break. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. time for citi price rewind. because your...
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. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge
. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3%...
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Dec 27, 2012
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>> and steve and his daughter, grace, are back with us this morning. good to see i both. >> glad to be here. >> steve, what's it like to watch that video again? is it like reliving the ride? >> no. i can't believe i hopped on it in the first place. it's a good thing it happened. it's been a fun ride. >> why did you hop on it in the first place? i know you're afraid of heights. why did you hop on it? >> the ride was in pigeon forge and my wife was behind and in a store or something and by the time we got to the front of the line an adult had to go with her and i decided to go with her. >> did you have to pull dad's leg to get him on the ride. >> i definitely had to pull some. he wouldn't go on it voluntarily. >> what did you tell him? >>> told him, come on, dad, everybody else is going to on it. you've been on ride likes this before. it won't be that bad. >> a little daughter pressure works. you've actually gone on that ride again, after we see your various stages of fright there. you went on a second time even after that first ride. why did you do that
>> and steve and his daughter, grace, are back with us this morning. good to see i both. >> glad to be here. >> steve, what's it like to watch that video again? is it like reliving the ride? >> no. i can't believe i hopped on it in the first place. it's a good thing it happened. it's been a fun ride. >> why did you hop on it in the first place? i know you're afraid of heights. why did you hop on it? >> the ride was in pigeon forge and my wife was behind and...
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Dec 27, 2012
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republican representative steve la tourette and democratic senator richard blumenthal. "sex and the city" d.c. style. we'll talk to the authors of the juicy new novel dishing about life working for a demanding senator on capitol hill and he's a mean one. the grinch from the musical joins us live and it turns out he may not be that mean after all. that and much more in 14 minutes or so. the grinch is going to be here. >> in costume, i hope. >> of course. it's going to be the real grinch. it's not an actor, it's the grinch for those kids watching this morning. >> of course it is. thank you, ali. >> good to see you both. >> we'll be watching. 47 minutes after the hour. let's get you up to state with the top stories. six states from pennsylvania to maine facing a winter storm, a big one. 12 to 24 inches of snow could fall in parts of new england. holiday travel just a nightmare on the roads and in the air. more than 1700 flights cancelled just yesterday and much more of the same expected today. >>> people in oceanside, california, waking up to this. a water main breaking cr
republican representative steve la tourette and democratic senator richard blumenthal. "sex and the city" d.c. style. we'll talk to the authors of the juicy new novel dishing about life working for a demanding senator on capitol hill and he's a mean one. the grinch from the musical joins us live and it turns out he may not be that mean after all. that and much more in 14 minutes or so. the grinch is going to be here. >> in costume, i hope. >> of course. it's going to be...
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Dec 26, 2012
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lori: ramesh, and steve, thanks you both chiming in. appreciate your take on these topics of the day. >> thanks. lori: reality is sinking in with just five days to go before we go over the cliff or maybe we won't. how are americans feeling? the latest poll numbers and gerri willis next. tracy: people are waking up finally. we'll tell you which industry stand to add and stand to lose the most jobs in 2013. let's take a look at some of today's winners and losers as we head out to break. the dow down 25 points. jcpenney is your s&p 500 winner, up 3 1/2%. we'll be right back. >> all that rough weather on the eastern sea board. >> just on its way to new york. snowing a little. it's seasonal. typical winter. it's officially here; right? >> yeah, i'm all about the beach and whatever. >> i know. >> bikinis and forget the snow boots. >> my kids went skiing yesterday and had a blast. to each its own. the dow's off 29 points. we are on the floor. >> i love the beach. i switch from skiing to snowboarding because hi kids said i was not cool on the s
lori: ramesh, and steve, thanks you both chiming in. appreciate your take on these topics of the day. >> thanks. lori: reality is sinking in with just five days to go before we go over the cliff or maybe we won't. how are americans feeling? the latest poll numbers and gerri willis next. tracy: people are waking up finally. we'll tell you which industry stand to add and stand to lose the most jobs in 2013. let's take a look at some of today's winners and losers as we head out to break. the...
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Dec 26, 2012
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. >> like steve perry's voice never leaves journey, andrea mitche mitchell's presence never leaves. under fire before nominations are even announced. joining me now, politico's jake sherman. you heard from the great woman herself, andrea mitchell, they can't keep putting out trial balloons. what's the white house doing right now on hagel and can they save him? >> i think the problem for him is he has no constituency. >> georgetown professor, yeah. >> i'm not sure what his path is through the senate, and is this a fight the president wants to have in the beginning of 2013 when he has the fiscal cliff, government funding, debt ceiling, taxes, all these issues out there where he's going to have to fight tooth and nail, does he want to fight on chuck hagel and that's something to be seen. >> i want to turn our attention to the fiscal cliff, because you have some interesting reporting coming out right now. gop leaders had a phone call today. >> they are talking on a conference call, which is how they usually communicate when they are not in d.c., but they are strategizing on what to do.
. >> like steve perry's voice never leaves journey, andrea mitche mitchell's presence never leaves. under fire before nominations are even announced. joining me now, politico's jake sherman. you heard from the great woman herself, andrea mitchell, they can't keep putting out trial balloons. what's the white house doing right now on hagel and can they save him? >> i think the problem for him is he has no constituency. >> georgetown professor, yeah. >> i'm not sure what...
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Dec 26, 2012
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. >> reporter: steve vin dinin in washington. thank you. >> reporter: new information on a horrified christmas eve tragedy as a note left by this ex-con suggests that he planned to kill first responders and possibly some of his own neighbors when he set this massive inferno, it happened on monday, after that before shooting two firefighters who arrived at the scene to help. trace gallagher live from our west coast newsroom with more on this disturbing story. trace. >> reporter: police say that note from 62-year-old william spengler was three pages, five written, and it did not offer a motive as to why he pulled off the ambush, but it did layout in very evil and lee clear terms exactly what his intent was. it reads in part quoting here, i still have to get ready to see how much of the neighborhood i can burn down and do what i like doing best, killing people. police say he was equipped to go to worst with a multi-million tear re-style rifle, a revolver, a shotgun. they found a large number of rounds inside the house. police say he
. >> reporter: steve vin dinin in washington. thank you. >> reporter: new information on a horrified christmas eve tragedy as a note left by this ex-con suggests that he planned to kill first responders and possibly some of his own neighbors when he set this massive inferno, it happened on monday, after that before shooting two firefighters who arrived at the scene to help. trace gallagher live from our west coast newsroom with more on this disturbing story. trace. >>...
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Dec 26, 2012
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steve. queen bee and managing editor of the sunday morning himself. favorite import from the uk, maggie haberman. michael steele, notorious as we call you here. thank you for your time. indubable. chris solizza. >> i assume they are compliments. >> they are $5 compliments. >> emmy darling. emmy darling. the man with the golden throat. cnbc guru john harwood. our favorite wonk of them all. president obama's money bunny bill burton. >> money bunny? >> given the hop to it attitude. current editor of "now." >> we want to make you the official cultural ambassador of the program now. >> okay! >> we can always count on a little help from our friends. >> always handsome martin bashir. >> you've put me between two of the most attractive people on this network, jonathan capehart. >> i got a title, did you know that? >> this is a legendary moment. >> this is hot. >> this is hot. >> in the days before my time, less known your time -- >> we're just babies around you. >> that's why i come on, to get my wag on. i get my wag on. >> stop right now. >> now! >> thank yo
steve. queen bee and managing editor of the sunday morning himself. favorite import from the uk, maggie haberman. michael steele, notorious as we call you here. thank you for your time. indubable. chris solizza. >> i assume they are compliments. >> they are $5 compliments. >> emmy darling. emmy darling. the man with the golden throat. cnbc guru john harwood. our favorite wonk of them all. president obama's money bunny bill burton. >> money bunny? >> given the hop...
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Dec 26, 2012
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. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s. standpoint. how do you see it playing out next year in terms of the market action? >> in terms of the market action, what we would expect, the first quarter a lot is going to depend on what happens with the fiscal cliff. as i said before, if we move into a recession, you're not going to get a 1585 target or 2 $108 in earnings. we're not expecting the powers that be in washington are going to be willing to save a defeat from the jaws of victory. >> you haven't watched them before, john, have you? >> i've been around for a long time. i have watched them before. i do know that they worry about legacy. the history books would write about them and say do this. >> it's good to talk to you. thank for coming on. >> thanks for having me. >>> pete, 1585 is the price target. second highest on the street just behin
. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s. standpoint. how do you see it playing out next year in terms of the market action? >> in terms of the market action, what we would expect, the first quarter a lot is going to depend on what happens with the fiscal cliff. as i said...
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Dec 26, 2012
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gregg: but, steve, bill kristol, conservative, you know what, time to throw in the towel. you do not want to get blamed for raising taxes on 98% of americans. >> right. gregg: right? >> look, bill kristol is my boss and editor at "the weekly standard" and one of most handsome and well-regarded editors in the country as everybody knows. look, i think he was making what was, in effect a practical case. there are people who are making this case behind the scenes. you have seen, he said, get it over with. move beyond this. there are others saying absolutely not. republicans can't cave on the principle of raising tacks. i think interesting thing in what happened last week that you have seen a turn, and it is first time i've seen a sliver of potential good news for the republicans and that is this. the president is now going to have to work with senate democrats and craft a proposal, some kind of short-term deal that deals mostly with the tax side of things that won't require too much republican buy-in. so if republicans want contrast, i think is a good thing for republicans to
gregg: but, steve, bill kristol, conservative, you know what, time to throw in the towel. you do not want to get blamed for raising taxes on 98% of americans. >> right. gregg: right? >> look, bill kristol is my boss and editor at "the weekly standard" and one of most handsome and well-regarded editors in the country as everybody knows. look, i think he was making what was, in effect a practical case. there are people who are making this case behind the scenes. you have...
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Dec 26, 2012
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special dev dend so that steve wyn saved 21 million and larry elison third richardson accel brated difdepped payments that -- dividend payments that saved him money . what it means for growth down the line. corporations will retain earnings rather than distribute them and companies of tomorrow will not get the funds they need to jim walton of walmart four million from dividends. they are top guys pulling the money out. when you look at investment dollars. we have seen so much fluxation in the stock market. stuart varney said it was an effort to cash out some of the money because they don't know what is happening next year. it proves the basic point. you raise taxes you are not raising revenues. most people will respond to thes . they are not sure and look at walmart. it is the walton family that is the richest family in the united states. they initially planned dividend pay out for january 2nd . uncertainty about the fiscal cliff. they are moving up it is yet another example of how we get around this. i would point out when companies are not paying out the dividends, it means we get waste we
special dev dend so that steve wyn saved 21 million and larry elison third richardson accel brated difdepped payments that -- dividend payments that saved him money . what it means for growth down the line. corporations will retain earnings rather than distribute them and companies of tomorrow will not get the funds they need to jim walton of walmart four million from dividends. they are top guys pulling the money out. when you look at investment dollars. we have seen so much fluxation in the...
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Dec 26, 2012
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our thanks to steve for that. >>> meantime, coming up on the show, will washington be able to get its act together to avoid letting the u.s. economy fall off a cliff? we've got a panel of washington insiders to give you the real story. >>> plus, a closer look at the markets including a best emerging market performer this year. if you invested in this index, you'di inbe up 50%. we'll tell you what it is and what could see a pop next year. >>> we'll bring you retail numbers as they trickle in. much coming up. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. you can stay in and share something... or you can get out there and act
our thanks to steve for that. >>> meantime, coming up on the show, will washington be able to get its act together to avoid letting the u.s. economy fall off a cliff? we've got a panel of washington insiders to give you the real story. >>> plus, a closer look at the markets including a best emerging market performer this year. if you invested in this index, you'di inbe up 50%. we'll tell you what it is and what could see a pop next year. >>> we'll bring you retail...
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Dec 26, 2012
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on the phone with us now is mobile fire rescue department public information officer, steve huffman. mr. huffman, thank you for joining us. one of the churches, trinity episcopal suffered a lot of damage. part of the roof is gone, front part of the parish is gone. and they went through a $1 million renovation. thank goodness it didn't happen when the church was packed. as daylight breaks what is the biggest challenge in terms of cleanup? >> we had public works crews working throughout the night and alabama power crews working to restore power in those affected areas. these guys -- i mean, unfortunately, this was not anything new to us. now, tornadoes are, but we're used to hurricanes, so we deal with power outages and things like that in emergencies such as this. our guys are well trained to respond to the types of incidents? >> how rare is it to have these tornadoes at this time of the year and nobody hurt, so you must have had pretty good warnings out there? >> we have been told a couple of days ahead of time to expect some severe weather to include tornadoes, and i think everybody
on the phone with us now is mobile fire rescue department public information officer, steve huffman. mr. huffman, thank you for joining us. one of the churches, trinity episcopal suffered a lot of damage. part of the roof is gone, front part of the parish is gone. and they went through a $1 million renovation. thank goodness it didn't happen when the church was packed. as daylight breaks what is the biggest challenge in terms of cleanup? >> we had public works crews working throughout the...
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Dec 26, 2012
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the first year without steve jobs and a company that is trying to prove under a new ceo that it can still invent things we didn't even know we needed that we would buy faster than anything has ever been sold in personal technology before. >> number nine, the u.s. stock market, despite all the worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. our money has been in the market, the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not in its first day as a trading company. questions about nasdaq and the company's ability to make money on mobile users pummeled the stock which has yet to climb back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo, who announced she was just going to take a two-week maternity leave as she tried to turn the company around. looks like a mother's touch is just what yahoo needed. >> number six, mother nature. a drought in the midwest that scorched the corn an
the first year without steve jobs and a company that is trying to prove under a new ceo that it can still invent things we didn't even know we needed that we would buy faster than anything has ever been sold in personal technology before. >> number nine, the u.s. stock market, despite all the worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. our money has been in the market, the rest of us have been...
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>> jamie: thanks so much, steve. dui's, bringing break ups and a royal prince losing his pants. the entemperature takenment world all types of news. take a live look back. manhattan all decked out for the holidays. great to have you here ♪ i want a hippopotamus for christmas ♪ only a hippopotamus will due ♪ don't wanna a doll ♪ no dinky tinker toy and a technology suite with bluetooth, navigation and other handy stuff? yeahthat would be cool. introducing the all-new nissan sentra. it's our most innovative sentra ever. nissan. innovation that excites. now get a $169-per-month lease on a 2013 nissan sentra. ♪ we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >> jamie: from breakups to baby news hollywood had easy time making headlines all year long. adam housley with a look at some of 2012 most talked about moments in entertainment. >> t
>> jamie: thanks so much, steve. dui's, bringing break ups and a royal prince losing his pants. the entemperature takenment world all types of news. take a live look back. manhattan all decked out for the holidays. great to have you here ♪ i want a hippopotamus for christmas ♪ only a hippopotamus will due ♪ don't wanna a doll ♪ no dinky tinker toy and a technology suite with bluetooth, navigation and other handy stuff? yeahthat would be cool. introducing the all-new nissan sentra....
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Dec 26, 2012
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. >> >> steve: very nice. >> ho ho ho ho. >> steve: i'm going to get a stapler. >> ho ho ho. >> steve: thank you to bass pro. hottest toys for everybody. very nice. there you go, santa. >> everybody, ho ho ho. merry christmas. >> merry christmas. thanks for coming. >> brian: you only have one more chance to speak to our loved ones that have passed on. our audience will get the pass. we have psychic medium here live. >> that would be cool. >> another by billie ray cyrus. stick around. >> this season really isn't about the money and life. i hope you make it extra special with the priceless times you have with your family, your friends, the people that matter to you. if the market goes up or down, here is hoping regardless it's a priceless holiday for all of you. merry christmas. ♪ >> hi everybody, i'm bill hemmer. >> and i'm martha maccallum >> bill: and we want to wish you a merry christmas from america's newsroom, ho ho ho ho. >> alisyn: thanks bill and martha, very festive. christmas is all about family, friends and loved ones, so imagine if you could spend just one more christmas
. >> >> steve: very nice. >> ho ho ho ho. >> steve: i'm going to get a stapler. >> ho ho ho. >> steve: thank you to bass pro. hottest toys for everybody. very nice. there you go, santa. >> everybody, ho ho ho. merry christmas. >> merry christmas. thanks for coming. >> brian: you only have one more chance to speak to our loved ones that have passed on. our audience will get the pass. we have psychic medium here live. >> that would be...
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Dec 25, 2012
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how can that be christmas. >> reporter: steve ra a port, fox news. >>> 7:41. he was one half of tv's -- odd couple. >>> and a tribute to newtown's little angel. the memorial display inside the national cathedral. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> welcome back. delta has received an overwhelming response to its announcement that it will hire 400 new flight attendants. 400 openings but they've received 22,000 applications so far. interviews are scheduled to start next month. the new hires will start flying in june. but delta says it needs people who speak japanese, mandarin, hinddy or portuguese. they need more people who
how can that be christmas. >> reporter: steve ra a port, fox news. >>> 7:41. he was one half of tv's -- odd couple. >>> and a tribute to newtown's little angel. the memorial display inside the national cathedral. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then...
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Dec 25, 2012
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[applause] >> thank you, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, diana degette, jared polis, cory gardner and congressman perlmutter. thank you all for being here as well. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high privilege of standing in the shadow of the capitol of the united states of america to be able to celebrate this season. when we went to carve that tree, we were joined there by members of the ute tribes. they are inherent to our area. the people of the ute tribes, they have a word that things are good -- to make sure that all is good. native american culture, it's about wind, about the sky, the land, and water. comes. this tree, which will represent the spirit of the state of colorado and indeed our nation speaks also to the import
[applause] >> thank you, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, diana degette, jared polis, cory gardner and congressman perlmutter. thank you all for being here as well. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high...
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Dec 25, 2012
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steve wants to know, he tweeted, what is the top speed for your sleigh? get up to what mach-1, mach-2? >> probably a mach-2, 3. i'm moving pretty quick. those reindeer are fast. to all the houses. rick: an e-mail from tom. does mrs. claus go with you on the sleigh or help you with the toys? >> mrs. klaus has gone a couple of times. she is very helpful. she is just wonderful and even back at the workshop. ainsley: santa, greg from michigan wants to know where are your reindeer and where is your sleigh parked while sitting there in the greenroom? >> right now it is not here because so many people and so many cars and we know how the rain deer are. they just like to run around and play. i'm not out there to watch them. they will come back a little later to pick me up. clayton: we have another question from megyn. she writes us this morning, she wants to know what santa does rest of the year when christmas is done? >> i will take a little bit of a vacation. believe it or not i do get some letters early. sometimes in june or july. so the elves start working on
steve wants to know, he tweeted, what is the top speed for your sleigh? get up to what mach-1, mach-2? >> probably a mach-2, 3. i'm moving pretty quick. those reindeer are fast. to all the houses. rick: an e-mail from tom. does mrs. claus go with you on the sleigh or help you with the toys? >> mrs. klaus has gone a couple of times. she is very helpful. she is just wonderful and even back at the workshop. ainsley: santa, greg from michigan wants to know where are your reindeer and...
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money that cofounder steve deangelo would end up on the street. >> we have taken $25 million a year of illegal drug sales off the streets of oakland and brought them in to harbor side. >> deangelo has been a marijuana activists since he was a teenager. says when he moved to california in 2001 there weren't many places for patients to buy marijuana safely. >> i started harbor side to create a model of best practices for the cannabis industry to demonstrate that it can be distributed in a way that professional and responsible and bring benefits to -- >> since it was founded, harbore world's largest marijuana dispensary. it serves more than 115,000 patients. as expanded to a second location in san jose. deangelo's business attracted media attention from across the globe. >> the harbor side medical center this is actually the largest medical can business disbones knee. >> harbor side says it has 20,000 clients. >> from the harbor side health center in oakland. >> it wasn't just media that was paying attention. someone else noticed harbor side, too. the federal government. this past july u.
money that cofounder steve deangelo would end up on the street. >> we have taken $25 million a year of illegal drug sales off the streets of oakland and brought them in to harbor side. >> deangelo has been a marijuana activists since he was a teenager. says when he moved to california in 2001 there weren't many places for patients to buy marijuana safely. >> i started harbor side to create a model of best practices for the cannabis industry to demonstrate that it can be...